INTRODUCTION A lot of rigorous rules and regulations, regarding slipway of appropriate fiscal indemnification coverage and kosher mess up of mixed financial statements, have been mark cancelled up by non-homogeneous regulative bodies like attain of Chartered Accountants of Bangladesh, Securities and Exchange Commission, Bangladesh cuss and some other regulatory bodies in Bangladesh. However, whether the various companies in the country actually bring home the bacon these operating instructions and formats in good hallow is something to ponder on. Often, companies tend to cast these rules and regulations which could inturn violence the selective nurture used by various interested users of these financial reports. thus, the facial expression upon of the firm and the wealth of the shareholders whitethorn in any case be be activeed. to the upliftedest degree crucially the institutionalise of investors, creditors and other interested users may be lost. Investors would non be pull up stakesing to invest cod to high risk cerebrate to misleading information; creditors would not be willing to impart long-term loans to the company, suppliers may not be willing to tense up the credit time and at long last other such actions would displace the working capital of the company. Moreover, this could withal affect the way a company will stick out its play and future objectives and decisions. medieval data may not be reliable enough, which would also hinder future forecasting. Thus it is important a proper reporting standard is well-kept as per the requirements of the regulatory bodies.
AIM This vomit up basically portrays the income statement from 2002 to 2005 of aboriginal Bangladeshi banks namely hotshot beach Limited and Dutch-Bangla Bank Limited. A comparison will be made surrounded by the two income statements and the format utter by the regulatory bodies. The main tenseness will be to relegate out whether by-line the format has any effect on the profitability and the persona of the company. OBJECTIVES *To find the necessary components include in the income statement. *... If you want to pass water a full essay, order it on our website: Ordercustompaper.com
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